Tata Group sets up executive council; Mistry to be chairman

Written by feBureau | Mumbai | Updated: May 1 2013, 09:35am hrs
TATA Sons, the holding company for the salt-to-steel Tata group, said on Tuesday it had formed a group executive council (GEC), to provide strategic and operational support to chairman Cyrus Mistry. The council will initially include NS Rajan, who will take on HR responsibilities, Mukund Govind Rajan, who will oversee brand, communication, ethics & CSR, and Madhu Kannan, head, business development and public affairs. Other appointees to the GEC will be announced later, Tata Sons said.

The creation of GEC marks the latest change in the management structure since Mistry succeeded Ratan Tata, who retired after more than two decades at the helm in December, 2012.

In February, Mukund Rajan was asked to head the newly created role of group spokesperson and brand custodian. The GEC, under the aegis of the Tata Sons Board, will now assume responsibility for all the roles earlier performed by the Group Corporate Centre (GCC) and the Group Executive Office (GEO). The GEC will work closely with and partner the boards, CEOs and senior management of various Tata companies. Members of the GEC will be assigned responsibilities by Mistry. They will lead various strategic functions besides serving as nominees of Tata Sons on the boards of Tata companies.